Compliance Coordinator

As the Compliance Coordinator, your role will be to ensure regulatory compliance across all areas of the bank. You will work closely with department leaders, focusing on lending compliance, to ensure the effective coordination and implementation of all necessary measures. This will involve conducting loan file reviews, audits, and managing adverse actions to maintain fair lending practices and comply with loan related regulations. Alongside your internal audit responsibilities, you will also provide oversight to the Compliance Committee, stay updated on industry regulations, and occasionally deliver compliance training to staff.

Initially, the two primary focuses of this role will be the thorough review of pre-close loan files and coordinating the efforts of the Compliance Committee. Once these core responsibilities are proficient, additional job duties will be introduced to further support and contribute to the team's success.

Initial responsibilities of the Compliance Coordinator will include:

• Conduct comprehensive loan file reviews, with a focus on pre-close and consumer real estate transactions, ensuring all documentation meets regulatory standards and is prepared for final approval.
• Coordinate the efforts of the Compliance Committee. This includes preparing meeting agendas and compiling reports, taking minutes, administering the Internal Control Monitoring Program, communicating with external auditors and coordinating audit engagements, and tracking audit findings and resolutions.

Additional responsibilities of the Compliance Coordinator will include:

• Conduct HMDA LAR reviews, manage the flood internal control monitoring log. Ensure compliance with regulatory standards and internal control procedures.
• Lead the review process for adverse action notices and decisions to ensure they meet all regulatory requirements.
• Perform fair lending audits and track policy exceptions.
• Stay informed about industry regulations and conduct periodic training sessions for staff.
• Prepare and present detailed compliance reports to the Board of Directors. Serve as the primary liaison to the Board Audit Committee.

The ideal candidate will have a strong understanding of mortgage lending terminology and hands-on experience processing residential real estate loans. Experience with pre-close loan processing is highly desirable.

There may be other daily and on demand duties as necessary. A complete job description is available by request. Citizens State Bank is proud to be an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status, or any other status protected under local, state or federal laws. Citizens State Bank is a Member of the FDIC and an Equal Housing Lender.

Requirements

Qualified candidates for the Compliance Coordinator position should have:

• Strong knowledge of mortgage lending terminology.
• Experience in processing residential real estate loans.
• High school diploma or equivalent is required. Associate's or Bachelor's degree in related field is preferred.
• Strong communication skills and attention to detail.
• Ability to multitask.
• Strong willed approach to navigating compliance challenges.
• Proficiency in Microsoft Office Suite.

Benefits

Citizens State Bank strives to be the employer of choice in our communities and offers all full-time employees a competitive salary, 401(k) including a company match, competitive health insurance, dental insurance and vision insurance.

Additionally, employees are offered a generous Paid-Time Off plan (including all federal holidays)! Life and long-term disability insurance are also paid for by Citizens State Bank for all full-time employees.